In January 2015, a total volume of 38.6 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (January 2014: 31.5 TWh). This represents a new monthly all-time high. All EPEX SPOT’s markets have shown strong results in January. In particular, the French Day-Ahead volume surged to over 9 TWh, exceeding the existing record from December 2014 (6.9 TWh) by 31%. The considerable increase in France can be related to strong supply and the phasing out of regulated prices that are helping to drive this growing liquidity trend.
Day-Ahead markets
In January 2015, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 35,245,585 MWh (January 2014: 29,339,984 MWh) and can be broken down as follows:
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
Price – monthly average Euro/MWh |
|
|
DE/AT |
24,501,237 |
22,557,676 |
28.72 / 39.03 |
|
|
FR |
9,016,609 |
5,278,331 |
41.33 / 48.98 |
|
|
CH |
1,727,738 |
1,503,977 |
44.00 / 50.13 |
|
|
ELIX – European Electricity Index |
34.83 / 45.03 |
|||
* Peak excl. weekend
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 3 401 764 MWh was traded in January 2015 (January 2014: 2,197,840 MWh). This is an increase of 7% compared to the last record in December 2014 (3,166,034 MWh).
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
|
DE/AT |
2,788,974 |
1,810,297 |
|
DE 15-min auction |
200,880 |
0* |
|
FR |
330,911 |
310,263 |
|
CH |
80,999 |
77,280 |
* Segment launched in December 2014
In January, cross-border trades represented 10.3% of the total continuous Intraday volume. The volume in continuously traded 15-minute contracts reached 344,145 MWh. In January, they represented 12.2% of the volume traded on the German and Swiss continuous Intraday markets.
The European Power Exchange EPEX SPOT SE operates the power spot markets for Germany, France, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European power consumption. EPEX SPOT also acts as market operating service provider for the Hungarian Power Exchange HUPX and operates the coupling between the Czech, the Slovak, the Hungarian and the Romanian markets on behalf of the local Exchanges. It is a European company (Societas Europaea) based in Paris with branches in Leipzig, Bern and Vienna. Over 220 companies from Europe are active on EPEX SPOT. 382 TWh have been traded on EPEX SPOTs markets in 2014.
